More Economists See Fed Policy As Too Loose

Economists overwhelmingly expect the Federal Reserve to hold off raising short-term interest rates until at least 2015. But nearly a third say doing so would mean the central bank waited too long, a new survey found.

Of economists polled by the National Association for Business Economics, 31% said the Fed should lift rates from near zero this year. Just 4.5% expect that to actually happen, according to the survey released Monday.

The share of economists saying the Fed should raise rates in 2014 has grown from 25% in the organization’s February policy survey.

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